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Security Profile
- Security Type
- Common Stock
- CUSIP
- 49926D109
- Market Cap
- Large Cap
Business: Knowles Corp. is a market leader and global supplier of advanced micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. Knowles has a leading position in micro-electro-mechanical systems microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets. Knowles is also a leading manufacturer of transducers used in hearing aids and other medical devices and has a strong position in oscillators (timing devices) and capacitor components which enable various types of communication. Knowles' focus on the customer, combined with unique technology, rigorous testing and global scale, helps to deliver innovative solutions and consistently dependable and precise products.
Notes: February 6, 2014 - Dover Corporation (NYSE: DOV) announced today that its board of directors formally approved the separation of Knowles Corporation from Dover through a distribution of all of the common stock of Knowles held by Dover to Dover shareholders and, in connection with the approval, the board has also set the distribution ratio, record date and distribution date for the spin-off. As a result, the following will occur: The distribution is expected to be made after the close of trading on the New York Stock Exchange on February 28, 2014 to Dover stockholders of record as of the close of business on February 19, 2014, the record date for the distribution. On the distribution date, Dover stockholders will receive one share of Knowles common stock for every two shares of Dover common stock held as of the record date. Following the distribution, Knowles will be an independent, publicly traded company, and Dover will retain no ownership interest in Knowles. Knowles expects to begin regular-way trading on the NYSE on March 3, 2014
Company Contact
- CEO
- Jeffrey S. Niew
- CFO
- John S. Anderson
- Headquarters
- 1151 Maplewood Drive, Itasca, Ill 60143
- Phone
- 630-250-5100
- Fax
- 630-250-0575
- Investor Relations
- John Anderson · 630-238-5236 · investorrelations@knowles.com